The foreign exchange or forex market accounts for over $5 trillion in terms of average traded value on a daily basis. This makes it the largest financial market in the whole world. As the forex market does not have a central marketplace, traders are required to choose a forex broker who will be able to help them conduct their trades. A large number of forex brokers are out there in the market and new brokers are setting up shop on a daily basis. It is, therefore, a challenging task to choose the right broker who can help you achieve your financial goals. The aim of this post is to provide you with information as regards the five key aspects you must look at when choosing the best forex broker work with in the marketplace.

Choosing a right forex broker is one of the important strategies for any retail forex or bitcoin broker. There are many things to consider while choosing a trusted broker like commission rates, historical performance, spreads, leverage options, etc. But first and foremost thing to check is whether the forex broker is regulated or not.

Following the introduction of the multi-asset metaTrader platform 5 a few months ago, the Retail FX broker International Capital Markets limited (regulated by the ASIC) has begun the Stock CFD trading for their clients. This is in line with several other product inclusions that have been incorporated over the past few months. The add-ons include Bonds and Cryptocurrencies.

Considering the popularity and the size of the stocks, the company affirmed that it made a careful selection across NYSE, ASX and the Nasdaq stock exchanges. It is yet to launch the Stock CFD on the other different exchanges in the world. The design of the pricing and overall execution motivates the day traders to consider the IC markets products over the conventional stocks.

The fact that IC markets stock products are now traded as CFDs makes it easy for traders to analyze and make informed speculations on the stock prices without necessarily borrowing or being in possession of the underlying assets. With this, the day traders can opt in and out of the market with the lowest cost possible. This, ideally is what the day traders want. Based on whether the traders are long or short, they can pay or earn dividends. Moreover, attractive margin rates have been set so as to reduce the level of capital outlay for the traders.

In his speech, the IC Markets director (Angus Walker) said that the introduction of the Stock CFDs to the markets is a significant step towards setting up “a true multi-asset brokerage.” With a view of zipping the gap between retail and institutional traders, the director said that the company will continue to bring in the most popular and liquid markets across the world. This is to create an ample and aggressive environment with trading conditions that ensure maximum satisfaction for the traders across the globe.

Friday morning (June 2, 2017), there was a sharp increase in the total number of traded shares of FCA regulated Forex broker Plus500 Ltd (LON:PLUS). To be precise, the shares went up by about 9%. These shares were being traded at 5.65 which is higher that a trading of 4 that was witnessed at the begging of 2017. Just remember that this is still below what it was trading at by the end of 2016.

As a licensed CFD broker, Plus500 Ltd announced that it has witnessed strong cash levels in addition to steady and healthy revenue growth in this Q2. It also revealed the planned $10 million share buyback. It’s these announcement that promoted the changes in the number of shares traded.

When you decide to get involved in the online foreign exchange market, you need to know that are expected to choose a broker among the available forex brokers. It is almost impossible trading directly in the forex market scene because all trades made must go through a qualified broker. Irrespective of the fact that you are either transacting directly with a broker or making use of an online forex software in order to perfect your trades, brokers are the ones authorized to do the underground business and this makes them indispensable.

Indeed, even with the current economic circumstance, forex trading is becoming to a great degree prominent with regards to earning an extra side income online. While the volatile markets may scare away some individuals, most consider it to be a chance to profit on how to make money online in forex.

Forex trading is touted as one of the easy ways to make lots of money. Though it is true that some traders do make a lot of money through forex trading, it is not true for everyone. To trade successfully, the trader has to latch with a reliable system in the first place. The trader can also make use of some time-tested strategies to make profitable trades. This article aims to familiarize the trader with the best trading strategies (both simple and advanced) that can be applied in other markets as well. It is also important for the trader to understand that a strategy is only one of the keys to trading successfully. Knowledge of the forex market and the performance of the instruments are also of utmost importance for the trader to be effective.

In forex trading, No dealing desk or NDD brokers provide traders with direct access to the interbank market. These brokers do not offer re-quotes on client orders. Therefore, NDD brokers are either Straight Through Processing (or STP brokers) or Electronic Communications Network (or ECN brokers). The main difference between them is that STP brokers send client orders directly to liquidity providers, whereas ECN forex brokers also allow interaction between clients’ orders.

If you are planning to start forex trading, the first and foremost thing that you should do is to identify a few trusted forex brokers so that you can evaluate each one of them and then decide to work with the broker who best meets your needs. Generally, beginners identify the right forex broker through trial and error method which may sometimes prove to be very costly. In this article, we will look at some of the aspects that you must take into account in order to identify a trusted forex broker. We will also include the names of some of the trusted forex brokers that we recommend. If you follow some of the tips given in this article, you will not only save time but also avoid errors.